TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. Gross rent is $10,350, however, 3 units are rented under market value.
MLS# | 2438487 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1999 |
Days On Site | 10 |
Listing Provided By | Leader Group Realty, LLC | Kristy Balch |
SQ Feet | 13,149 |
---|---|
Basement | Y |
Story(s) | 2 |
Zoning | R-3 |
Acreage | 0.73 |
State | OK |
---|---|
County | Pittsburg |
City | McAlester |
Zip Code | 74501 |
Community Name | South McAlester |
Listing VS Median (in South McAlester) | |
Price: $1,300,000 low | high Med: $134,450 SqFt: 13,149 low | high Med: 3,858 $ / SqFt: $99 low | high Med: $51 On Site: 10 low | high Med: 187.000000 |